Business Standard
Sunday, May 27, 2012
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||Companies & Industry||||||| 
 Section Home | News Now | Today's Paper | Q&A | People in the News | Industry News | Features | The Compass | Research & Analysis | Opinion | Corporate Results
Home > Companies & Industry Live Markets | Commodities
 

Expat pilots, hiring firms account for 10% of AI salary bill
Press Trust Of India / Mumbai/New Delhi Nov 09, 2009, 01:04 IST

Cash-strapped Air India has been spending around 10 per cent of the airline’s total salary bill to pay its team of over 160 foreign pilots and hiring companies.

As revealed by the airline in response to a Right to Information application, Nacil paid Rs 93.29 crore towards salaries and expenses to the agencies, which provided expatriate pilots to Air India and Air India Express last year.

Of this, Air India paid Rs 46.63 crore ($9,327,644.23), while its budget arm Air India Express spent Rs 46.66 crore ($9,333,732.11) on the expat pilots during the same period.

Unlike several other carriers across the globe, Air India does not recruit pilots on its own but hires them through placement agencies like Rishworth Aviation Ltd.

“In addition, the company spends up to Rs 7,500 per day to accommodate foreign pilots in expensive hotels and provide chauffeur-driven air conditioned cars to them for non-flying duties as well,” a Indian Pilots Guild spokesperson said.

The company has kept these pilots out of its cost-restructuring plan, which include proposals to cut wages, allowances and incentives, the spokesperson said.

There are 163 expatriate pilots in Air India, besides 1,253 Indian pilots and about 200 trainees.

With a total staff strength of 30,505, the airline is targeting lowering total manpower costs from Rs 839 crore in the first two quarters of the current financial year to Rs 650 crore in the next two quarters, official figures show.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets end flat
- Turbulence ahead for airlines despite oil price drop
- Weak rupee may bring cheer to NRIs, expats
- LIC buys PSU stocks, sells pvt sector blue-chips in Q4
- Banks may lower deposit rates as inflation eases: Report
  Read Business news in 
- Journey on, We are by Your Side. Click here to know more
- 2 Lac Apartments, 1 Lac House / Plots. Click here
- Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol.
- The Best Seller is Also the No. 1 in Mileage. Click here
- Watch The Film Here. Click here to know more..
- Leader in Passenger Car & Automobile Tyres. Click here
- 1 billion in saving for Unilever without any tangles.
- A Brand New Server at a Price That Fits Your Budget. Click here
- Learn How One City is Running on FOOD SCRAPS.
- One Partnership Endless Possibilities. Click here to know more
- Helping doctors detect diseases earlier, saving costs & extending lives.
- 36 Lakhs can get you a pool of Luxuries. Click here
- Which is the best plan for your daughter
- Check out the TRUE COLOURS of your Stocks, Now for FREE!
- One of the leading business schools in the world.Know More
Sorry, comments to this story are closed
Latest Messages
Table for Two
  Now available at Special price
  Rs.280/- Only

  Buy Now
BS POLL
UPA 2 has completed three years. How do you rate its performance?  Read the story
  Good
  Average
  Bad
Submit
Most Popular
Read
E-Mailed
Commented
   
- India to guarantee safe gas transit from Tapi
- Air India pilots wanted a halt to command training of IA pilots
- Pak players likely to be part of IPL 2013
- EGoM to now decide on base price for spectrum auction
- New power equation in BJP
 
 More  
Tax Shastra
  Now available at Special price
  Rs. 360/- Only

  Buy Now
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World | General News
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us